give us an idea, where do we stand now at five minutes after 7:00 on monday morning? >> erica, the united states congress needs to do what the women's soccer team just did, which is seal the deal in the final minutes here. unfortunately, the sides are at lagerheads. the president has said, rightfully so, it's important to do something that meet twos objectives. one, helps get the sluggish economy going and, number two, does something big about deficit reduction over the next ten years in the range of $4 trillion. unfortunately, as you heard, republicans have balked because while they'll accept the cuts, and we will, too, they refuse to eliminate many of these tax breaks for corporate special interests, corporate jets, oil and gas companies and folks at the very high end of the income scale. and that, apparently -- protecting those things is more of interest and concern to them than getting this deficit deal. >> the president has said -- the president is coming out, essentially saying, look, go big or go home.